❗️The Bank of Russia has prepared a concept for regulating cryptocurrencies in the Russian market. The main point:

🔹Digital currencies and stablecoins are recognized as currency values, they can be bought and sold, but they cannot be used for payments within the country.

🔹Inexperienced investors will be able to buy the most liquid cryptocurrencies, for which criteria will be established, but only after passing a test and within a limit – no more than 300 thousand rubles per year through a single intermediary.

🔹Qualified investors will be able to purchase any cryptocurrencies except for anonymous ones, but testing will also need to be passed.

🔹It will be possible to conduct operations with cryptocurrencies through the current infrastructure: exchanges, brokers, and trust managers will be able to operate based on existing licenses.

🔹Russians will be able to purchase cryptocurrency abroad ( by paying for it from foreign accounts) and transfer previously acquired cryptocurrency through Russian intermediaries abroad, but such operations will need to be reported to the tax authorities.

🔹The proposals for amending the Central Bank legislation have been sent to the government.